You have just been offered a contract worth $1.02 million per year for 5 years. However, to take the contract, you will need to purchase some new equipment. Your discount rate for this project is 12.4%. You are still negotiating the purchase price of the equipment. What is the most you can pay for the equipment and still have a positive NPV? million. (Round to two decimal The most you can pay for the equipment and achieve the 12.4% annual return is $ places.)